Japan economy

Japan’s services sector sustains solid growth in November: PMI

Higher costs for staff, energy and construction materials are the primary contributors to rising expenses, according to the survey

Input cost inflation accelerated for the fourth straight month in November, driven by higher labour and raw material costs.

Japan’s factory activity decline slows in November: PMI

To boost economic growth, Prime Minister Sanae Takaichi’s Cabinet has approved a 21.3 trillion yen economic stimulus package

The fall in capital spending suggests the revised GDP figures may show a larger contraction in the economy over the summer.

Japanese firms scale back investment as tariff headwinds hit

Monday’s figures will be factored into revisions made to third-quarter GDP data due Dec 8

Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect seasonally adjusted output to shrink 1.2 per cent in November and fall 2.0 per cent in December.

Japan’s October factory output rises 1.4% month-on-month

[TOKYO] Japan’s factory output rose 1.4 per cent in October from the previous month, better than the median market forecast for a 0.6 per cent fall, government data showed on Friday.

Prices continued to rise for labour-intensive industries such as hotel and construction work, data showed.

Japan’s leading indicator of service inflation hits 2.7% in October

Consumer inflation has also exceeded 2 per cent for over three years

Takaichi will also spend 400 billion yen for 20,000 yen cash handouts per child and two trillion yen in funds to aid regions.

Japan approves 21.3 trillion yen stimulus to mitigate inflation pain

The biggest portion will go to price relief, totalling 11.7 trillion yen

The robust service sector performance offset the sluggish factory activity to bolster the flash composite PMI to 52 from 51.5 in October.

Japan factory activity down for fifth month in November: PMI

Overseas demand remains particularly weak, with new export orders falling at the fastest pace in three months

The year-on-year rise in core consumer prices was 3%, which excludes fresh food, compared to 2.9% in September and was in line with market expectations.

Japan inflation rises ahead of big Takaichi stimulus

The country relies heavily on foreign goods, including food, energy and raw materials for manufacturing, to power its economy

The government is set to unveil the largest spending plan since the pandemic.

Deutsche Bank warns of Japan capital flight in echo of UK crisis

Concerns over Takaichi’s spending plans have sent government bond yields to multi-decade highs and the yen has weakened to its lowest level since January

Japan’s tourism sector has logged record growth in part due to Chinese travellers flocking to the country.

Japan tourism faces US$1.2 billion hit on China rift; Singapore sees new bookings rise

Most Chinese airlines are waiving cancellation fees on tickets to Japan, accelerating cancellations